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New World Notes - The Corporations and the Economy

03/26/2013 12:00 pm
03/26/2013 12:30 pm

 

This week on New World Notes: radio program #266, March 26, 2013, from 12:00 to 12:30 p.m., host Kenneth Dowst examines an economic paradox.

Corporate profits and stock prices continue to go up, up, up. Yet unemployment remains disastrously high, layoffs are increasing, poverty and personal debt are increasing. How can this be? p>

Noam Chomsky, Jim Hightower, Dave Johnson, The New York Times, and singer Mike Stout provide some answers.

Hint: don't blame nature, the Internet, new technologies, or China. Changes in federal laws and regulations--which Big Business fought hard for--enabled and encouraged the current mess.

Two of the sources we hear from bring up our local contributor to the Dow Jones Industrial Average: United Technologies Corporation. Two weeks ago, UTC reported record profits and reached a record high share price--and announced it would lay off (that is, fire) 3,000 more workers--on top of the 4,000 it laid off in 2012.

Chuck U. Rosina recorded the Chomsky segment in Boston on February 25, 2013. (Thanks again.)

Music added: Mike Stout, from "Occupy".

New World Notes is produced under the auspices (Latin for "inflexible deadlines") of WWUH-FM, a community service of the University of Hartford.

You can listen to any installment of New World Notes online or else download it (as an mp3 audio file) for later listening. The show is archived at both A-Infos Radio Project and (from #90 onwards) the Internet Archive. Either link should get you a reverse-chronological listing of available installments. Or browse the show's Web site: Each installment has a page; each page has links to the recorded audio; and a handy table of contents will quickly find the installment you want.

Series overview: Political and social commentary in a variety of genres. Exploring the gap between what we want--and what they're trying to make us settle for.

Coming soon (Tuesday air debut dates shown)

April 2 -- TBA

Catch New World Notes (all times Eastern):

Tuesdays, Noon to 12:30 PM, WWUH FM 91.3 (West Hartford, CT)

Tuesdays, Noon to 12:30 PM, WAPJ FM 89.9 and 105.1 (Torrington, CT)

Saturdays, 1:00-1:30 PM, KRFP FM 92.5, Radio Free Moscow (Moscow, ID) 

Saturdays, 5:00 to 5:30 PM, WHUS FM 91.7 (Storrs, CT) & http://www.whus.org/

Any time: Listen to or download any installment. Just go to New World Notes and click a link to the audio at the top of the page. (Every installment has a page on the Web site, and every page has links to the audio.)